0DTE Options Trading for "Degenerate Gamblers"
What you'll learn
- Explain the concept of 0DTE options and the factors that influence their pricing.
- Execute different 0DTE options trading strategies, such as iron condors and vertical spreads, based on market conditions.
- Assess the potential risks in 0DTE options trading and employ appropriate risk management strategies to minimize losses.
- Examine the performance of executed 0DTE options trades and identify areas for improvement.
- Modify 0DTE options trading strategies in response to shifts in market trends and volatility.
Requirements
- Basic understanding of stock market trading.
- Familiarity with options trading terminology, such as calls, puts, and strike prices.
- Ability to perform simple calculations
- Basic risk management skills
- Access to a trading platform or brokerage account
- A reliable internet connection to execute orders as best as possible.
- It is recommended that learners first familiarize themselves with basic options trading concepts to make the most of the course content.
Description
The realm of 0DTE options trading is a thrilling and complex one. It is an environment that demands a sound knowledge base, a keen understanding of the market, and a robust grasp of trading philosophies and principles. '0DTE Options Trading for Degenerate Gamblers' is specifically designed to help traders build these essential capabilities, giving them the confidence and acumen needed to navigate the volatile and fast-paced world of 0DTE options trading.
Created by a seasoned trader, this comprehensive course draws upon real-world experience, mathematical principles, and proven market theories. Each section is meticulously crafted to delve into the core aspects of 0DTE options trading, beginning with a thorough introduction to its origins and mechanics, followed by in-depth explorations of key features, risks, challenges, and potential rewards.
The course imparts practical strategies for identifying 0DTE options within option chains and discerning the characteristics of suitable underlyings. It also focuses on demystifying complex concepts such as time decay, Gamma exposure, and implied volatility, presenting them in an easily understandable format.
The '0DTE Options Trading for Degenerate Gamblers' course also emphasizes the role of regulatory factors and the nuances of risk management in this high-stakes trading arena. Interactive activities and practice exercises ensure that the knowledge gained is effectively applied and ingrained.
While recognizing that nothing can fully replace hands-on trading experience, this course seeks to reduce the steepness of the learning curve and mitigate potential risks associated with entering this market. Whether you are a seasoned trader looking to expand your trading portfolio or a curious investors ready to leap into the exciting world of 0DTE options trading, this course is designed to empower you, providing the insights and strategies necessary to venture confidently and profitably into this dynamic trading landscape.
Who this course is for:
- Individuals with a basic understanding of stock market trading and options trading terminology.
- Those who are looking to develop or enhance their options trading strategies, specifically related to 0DTE Options.
- Individuals seeking to improve their risk management techniques in options trading.
- The course is not suitable for absolute beginners in stock market trading or those with no knowledge of options trading
- People interested in the topic without prior trading experience, but who are willing to familiarize themselves with basic options trading concepts before diving into the course material
Instructor
- 2.7 Instructor Rating
- 2 Reviews
- 8 Students
- 1 Course
Hey there!
I'm a seasoned Options Trader who’s spent years in the fascinating world of Equity and Fixed Income derivatives. Trading isn’t just a career for me, it's a passion - one I'm really keen on sharing with you through this course.
I've been all over the place in this field - from working in a major bank, to going solo at a local fund. Along the way, I've developed some pretty cool tools and models that have transformed the way I analyze and make investment decisions.
One thing I'm really proud of is a project I worked on at the Plug and Play Tech Center. We created a digital platform aimed at helping people who are a bit on the outskirts of the financial sector. I believe everyone deserves a fair shot at understanding finance, and this project really drove that home for me.
I’m not just about numbers and formulas though - I thrive in the face of new challenges and I'm all about making solid decisions based on facts and diverse viewpoints. I'm pursuing a MicroMaster’s degree in Finance from MIT, and I have Bachelor's degree in Finance from Tecnológico de Monterrey.
So, you're in good hands.
But enough about me, I can't wait to dive into the world of 0DTE Options Trading with you.
Together, we'll navigate the high-risk, high-reward terrain, and who knows, you might just catch the trading bug too ;)